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Goldman Sachs predicts a strong dollar and expects the euro to fall below parity within six months.
On January 13, Jinshi Data reported that Goldman Sachs raised its forecast for the US dollar against all currencies (including the euro), believing that the euro to dollar exchange rate will fall below parity within six months. “We expect the dollar to pump about 5% in the next year due to new tariffs and the continued strong performance of the United States,” wrote strategists such as Kamakshya Trivedi in a report. The company expects the euro to dollar exchange rate to trade at parity in the next three months and at 0.97 in six months.